Borregaard ASA is a holding company, which engages in the development, production, and marketing of specialized biomaterials, biochemical, and biofuels. It operates through the following segments: Performance Chemicals, Specialty Cellulose, and Other Businesses. The Performance Chemicals segment includes the development, production, and sale of lignin-based binding and dispersing agents; and the trade of chemicals, which are either linked to lignin-based products or have previously been produced by the company. The Specialty Cellulose segment focuses on the development, production, and sale of speciality cellulose; and the sale of second generation bioethanol. The Other Businesses segment consists of ingredients, fine chemicals and the Exilva project. The company was founded in 1889 and is headquartered in Sarpsborg, Norway.